Though he remains a hero to children worldwide, Babar the Elephant is a terrible economist. Watching an episode of the Nelvana-animated television show documented his monarchy in the Kingdom of the Elephants, it became clear how his fiscal policy is a disaster waiting to happen. Major capital expenditures are required to bring the jungle up to modern standards of civilization and the ongoing war with King Retaxes and the rhinoceroses must be an enormous money pit. After fleeing to France after watching poachers kill his mother, Babar meets a kindly old lady, who unbeknownst to him is a fervent colonialist. …